npub1h2nsqts7l467nrvvdr343530pgm8ug6np5udfwlnwcet5alm5aqqyznx0j (npub1h2n…nx0j) On supply, his 2 arguments were:
- housing isn’t like a perishable good like bananas where value decreases over time
- land supply is fixed
He ignores:
- Land appreciates (in a desired area) but the house itself depreciates. Easier to picture if you think of a camper van parked on land. The van loses value while the land appreciates.
- We can build up (eg replace house with apartment)
- Empirical examples from our own history and other markets, counter to his class war narrative.
Megan /
npub13a…2d82u
2023-08-07 18:17:25
in reply to nevent1q…qfg3
Author Public Key
npub13apuxc7fuuzlhdq7uly89afzjvl8dqsg4vkgawz9dxfptypcykjq82d82uPublished at
2023-08-07 18:17:25Event JSON
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